
THC master leases — $533M kept of $640M
THC · SF Housing
From 990s and board records to CMS data, SOS filings, and court records, we trace public money across every level of government. We expose the frauds, the grifts, and the structural failures that enable them.

Since 2007, San Francisco has paid Tenderloin Housing Clinic about $640M to operate SRO master-leases. Roughly $107M reached the actual landlords. We traced the $500M+ gap, the related-party network behind 23 of 24 buildings, and the audit holes that let the spread stay invisible.

THC · SF Housing

Urban Alchemy / Mid-Market Fdn. · SF Homelessness

MOHCD · SF Housing

DCYF · SF Youth

SF Public Works · SF Infrastructure

SFMTA · SF Transit

SF Controller · SF Emergency

SF Pretrial Diversion / APD · SF Justice
Finds the lead. News stories, social posts, public meeting notes, anything in plain sight that doesn't add up.
Pulls the actual records. Tax filings, state business records, Medicare data, city contracts, court documents.
Lines the records up and flags the contradictions. Vendors paid while the state lists them as inactive. City money that never shows up on the tax filing. Two vendor names sharing one tax ID.
Challenges every finding before we publish. If a claim isn't backed by at least two independent records, it doesn't go out.
Every claim links back to a source PDF, hashed and archived. We keep each case open until the named agency or recipient responds publicly, and we log every status change.
Public records that don't add up. Vendors that shouldn't have been paid. Inside knowledge of a case we're already running. Send it our way.
hello@govgrift.comWe protect every source.